Posts tagged "real estate"
JUST DAYS BEFORE THE LEASES EXPIRED, Thor Equities, the realtors who gobbled up Coney Island’s thuggy-but-fun Astroland, ran into a roadblock named Bloomberg. The Mayor unveiled a plan that will transform Coney Island into a year-round entertainment destination (read South Street Seaport) with seaside attractions (read: miniature golf) and a stronger residential community (read: zillion-dollar condos.) The Mayor also gave an additional $50 million to implement the plan after previously pledging $23 million. Combined with the Brooklyn Borough President’s $7 [...]
Posted in The City on November 21st, 2007 | 
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Bizarre Brooklyn Jerry Saieh real estate
Let us turn for a nano-second from the site of Britney’s panty-less in-betweenness to a more important site — the Atlantic Yards project, a $4 billion office and residential development that would build an arena for the Nets and 16 skyscrapers along a 22-acre tract in downtown Brooklyn–the biggest real estate project in the borough’s history. (see before and after simulated photos above). Bruce Ratner, CEO of Forest CityRatner, isn’t bringing pro b-ball to Brooklyn because he’s [...]
Posted in The City on February 6th, 2007 | 1 Comment »
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Bizarre Brooklyn Bruce Ratner immigrants real estate
We know as much about architecture as we do about hedge funds, which is to say, slightly less than we know about Aramaic, but certain buildings give us a feeling that maybe we’re not wanted in this city anymore. Take, for example, Blue, the jet-settily-named behemoth condominium going up on the corner of Norfolk and Delancy, about a block from where our grandfather cut glass for less than a dollar a day.
Blue–as in Big Blue or Jet Blue or the [...]
Posted in The City on January 24th, 2007 | No Comments »
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Bernard Tschumi real estate
Staten Islander’s friend goes, “What do you mean, temporary mortgage,”
Staten Islander goes, “It’s temporary till they foreclose.”
The foreclosure rate on Staten Island—one of every 683 homes, or twice the national average—is the highest in the city. Because of unscrupulous brokers, residents of the boring borough are losing their homes. According to Legal Services of New York, a non-profit helping Staten Islanders fight back, the high foreclosure rate has two causes: the real estate frenzy over the past five years, coupled [...]
Posted in The City on January 5th, 2007 | No Comments »
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Feliks Gitsin real estate staten island
THE SCHOOL CONSTRUCTION AUTHORITY NOW SAYS IT WON’T BUILD FOUR NEW BRONX SCHOOLS ON THE LAND BETWEEN CONCOURSE VILLAGE WEST AND EAST 156TH STREET (map) because, inexplicably, the site is a mercury and benzene dumping ground, says NYI. The Mott Haven Campus schools were to house 2,200 students, and the city promised to spend $30 million to clean up the site, but parents are skeptical. Some say health problems have already started since construction began. Chaira Salem says that soon [...]
Posted in The City on December 21st, 2006 | No Comments »
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health real estate Teshia Sooklal
Atlantic Yards Project approved: A three-member state panel greenlights the Bruce Ratner’s $4.3 billion project that will not only include an arena for the Nets, but 16 office and residential towers that will strip that part of Brooklyn of anything resembling neighborhood. See what the Atlantic Yards Report says.
Bronx grandmother murdered by asphyxiation: we guarantee, this is the last you’ll hear of this story that merited a teensy box on page 16 of the Daily News. Thugs tied up 65-year-old [...]
Posted in The City on December 21st, 2006 | No Comments »
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crime flash real estate
Recharger, who lives in a hovel chewing Snausages and digging dirt, absolutely loves what some in-the-know real estate people are calling a “buyer’s market.” You’ll recall that in mid-July, CNNMoney.com declared that the “soaring supply of homes for sale means nearly flat prices and longer waits for sellers.”
Since then, according to lenders and realtors, it has turned into buyers nirvana. Not only is winter a crappy time for sellers, but housing inventory hasn’t sunk enough to help. This means fewer [...]
Posted in The City on November 3rd, 2006 | No Comments »
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Feliks Gitsin real estate
